(Updates)

• Shares of gold miners up, as bullion prices surge to a record high [GOL/]

• Spot gold up 0.3% at $2,942.50/ounce. It hit $2,956.15/ounce earlier in the session — its eleventh record high in 2025

• Gold prices rose driven by safe-haven demand amid concerns over U.S. President Donald Trump's tariff plans, with additional support coming from inflows into the world's top gold-backed exchange-traded fund

• U.S.-listed shares of South African miners Gold Fields

up 3.3%, AngloGold Ashanti up ~1%, Harmony Gold

up 3.4% and Sibanye Stillwater up 3.4%

• Shares of Canadian miners Agnico Eagle Mines up 1.7% and Kinross Gold up ~1%

(Reporting by Pooja Menon in Bengaluru)